4//SEC Filing
TALLIS ALAN 4
Accession 0001104659-23-059140
CIK 0001232582other
Filed
May 10, 8:00 PM ET
Accepted
May 11, 4:11 PM ET
Size
15.6 KB
Accession
0001104659-23-059140
Insider Transaction Report
Form 4
TALLIS ALAN
EVP, Asset Management
Transactions
- Award
Special Limited Partnership Units
2023-05-09+11,176→ 11,482 total(indirect: By Trust)Exercise: $0.00→ Common Stock - Award
Special Limited Partnership Units
2023-05-09+11,176→ 11,482 total(indirect: By Trust)Exercise: $0.00→ Common Stock
Holdings
- 3,501
Common Stock
- 2,194(indirect: By Trust)
Common Stock
- 1,164(indirect: By Trust)
Common Stock
- 1,200(indirect: By Trust)
Common Stock
- 50(indirect: By IRA)
Common Stock
- 10,221.5(indirect: By Trust)
Common Limited Partnership Units
Exercise: $0.00→ Common Stock - 10,221.5(indirect: By Trust)
Common Limited Partnership Units
Exercise: $0.00→ Common Stock
Footnotes (4)
- [F1]Special long-term incentive partnership units ("LTIP Units") in Ashford Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary ("Common Units"), are convertible into Common Units at the option of the Reporting Person. See Footnote 4 discussing the convertibility of Common Units.
- [F2]The Reporting Person received the shares pursuant to a stock grant from the Issuer, under the Issuer's 2021 Stock Incentive Plan, in connection with the re-election of the Reporting Person to the Issuer's Board of Directors.
- [F3]Neither the LTIP Units nor the Common Units have an expiration date.
- [F4]Common Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis as described in Amendment No. 5 to the Seventh Amended and Restated Agreement of the Limited Partnership dated December 13, 2017.
Documents
Issuer
ASHFORD HOSPITALITY TRUST INC
CIK 0001232582
Entity typeother
Related Parties
1- filerCIK 0001187669
Filing Metadata
- Form type
- 4
- Filed
- May 10, 8:00 PM ET
- Accepted
- May 11, 4:11 PM ET
- Size
- 15.6 KB